Memorial & Trust Funds

The Zion Trust Fund Committee is comprised of 15 elected members who oversee Zion's memorial and endowment funds.

Memorial Funds

Monetary gifts donated to Zion Lutheran Church as memorials are very much appreciated. These funds are used to assist with ongoing expenses within our church’s mission. Memorial funds differ from endowment funds in that the donation and any growth through investment can be spent.

Gifts are deposited into one of the following Memorial funds as designated by the giver. If no designation is made, gifts are deposited into the General Memorial Fund.

Banners

Music Ministry

Building Fund

Organ Fund

Community Outreach

Playground

Education

Prayer Shawl

Global Missions

Trust Fund

Hand Bells

Youth Ministries

Landscaping

ZLCW

Yellow giving envelopes are available at the church to use for memorial gifts. Donations may be put in the offering plate, dropped off at the church office, or mailed to Zion.

Endowment Funds

Want to make a long-term investment in Zion’s ministry? If so,a contribution to one of our endowment funds may be just the ticket!

Endowment funds differ from regular memorials in that only the growth from the original donation can be spent, leaving the principal contribution in place to ensure long-term sustainability of our ministry. Requests for funding are managed by the Trust Committee on an ongoing basis to assist in supporting our mission.

Zion has two endowment funds as explained below. To make a contribution to either of these endowment funds please contact the church office at 852-1872.

The ZionPerpetual Fund is an endowment that doesn’t require a minimum contribution and provides long-term benefit to our mission through its growth in the investment market. Donations are tax deductible in the calendar year they are donated.

The Zion ND Tax Credit Fund is our newest fund, established in 2014 following North Dakota legislation allowing a 40% ND Tax credit* on qualified gifts that was passed in 2011. Contributions are also federally tax deductible, based on the taxpayer’s situation. A qualified gift is a minimum of $5,000 in a calendar year. These tax incentives may cover a significant portion of the donation. (*Please consult your tax consultant for advice specific to your situation.)

Recent disbursements from Zion’s endowment funds have been used to purchase the security camera system, update the office computers, fund a Stephen Ministry Grief Program, sponsor a seminary student, and help cover student and chaperone expenses to attend the ELCA National Youth Gathering in Houston, TX.